When it comes to buying a home, one of the big decisions many buyers face is whether to purchase a fixer-upper and renovate or go for a move-in-ready property. Both options have their pros and cons, and the right choice…
Getting approved for a mortgage is an exciting step toward homeownership, but it requires careful financial planning. Lenders look at various factors to determine your eligibility, and small improvements can make a big difference. If you’re preparing to apply for…
When it comes to getting a mortgage, there’s no shortage of misinformation. Many homebuyers, especially first-timers, hesitate to apply because they believe common myths that simply aren’t true. To help you move forward with confidence, let’s debunk some of the…
Choosing the right mortgage professional is a critical step in the home-buying process. Whether you work with a mortgage lender or a mortgage broker, the decision can impact your loan options, interest rate, and overall experience. Here’s how to determine…
Applying for a mortgage is an exciting step toward homeownership, but it’s important to approach the process carefully. Certain financial decisions made before and during the application process can impact your approval and loan terms. To help ensure a smooth…
Interest rates are one of the most important factors to consider when buying a home. They directly influence how much you’ll pay each month on your mortgage and, ultimately, how much home you can afford. When rates rise, it can…
If you’re a small business owner or a first-time commercial real estate buyer, securing a commercial mortgage is a significant step toward ownership and long-term financial stability. However, the process differs from residential loans and requires careful preparation. At Modern Community…
Impact investors and nonprofits are increasingly seeking innovative ways to create sustainable, long-term change in underserved communities. One highly effective yet often overlooked opportunity lies in community development-focused commercial real estate (CRE) bridge loans. These short-term financing tools can drive…
Buying your first home is an exciting milestone, but it can also feel overwhelming. As a first-time buyer, you’re likely navigating unfamiliar territory with a lot of questions about the process. To help you start your homeownership journey with confidence,…
Debt-Service Coverage Ratio (DSCR) loans are game-changers for real estate investors looking to scale their portfolios. Unlike traditional loans, DSCR loans focus on the property’s income-generating potential, rather than the borrower’s personal income. At Modern Community Capital, we help investors…
